Tuesday, December 16, 2014

EUR/JPY Daily Outlook

No change in EUR/JPY's outlook. Intraday bias remains on the downside and correction from 149.76 short term top is expected to continue lower. At this point, we'd expect strong support from 142.08, 50% retracement of 134.13 to 149.76 at 141.94, to contain downside and bring rebound. On the upside, above



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